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Are You Prepared for the REAL Game of Life?

Take this quiz to see if you have what it takes to tackle the obstacles in the real world!

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  1. In what month are your taxes due?

    Correct
    Incorrect
    April
    Correct
    Incorrect
    December
    Correct
    Incorrect
    February
    Correct
    Incorrect
    June
  2. What are two items that you should never give to the car dealer before purchasing?

    Correct
    Incorrect
    Your car registration number or title number
    Correct
    Incorrect
    Your home address or zip code
    Correct
    Incorrect
    Your license or social security number
    Correct
    Incorrect
    Your insurance information or license plate number
  3. Which one is the simplest and shortest form you can use to file your federal income taxes?

    Correct
    Incorrect
    Correct
    Incorrect
  4. Payments of money to the government that provide public goods and services for the community are called ...

    Correct
    Incorrect
    taxes
    Correct
    Incorrect
    IRS
    Correct
    Incorrect
    bills
    Correct
    Incorrect
    refunds
  5. How long after graduation do you have to start paying your student loans?

    Correct
    Incorrect
    Your last semester
    Correct
    Incorrect
    When you land a job
    Correct
    Incorrect
    6 Months
    Correct
    Incorrect
    1 Year
  6. If you borrow $20,000 at 5.00% for 5 years, what would your monthly payment be?

    Correct
    Incorrect
    $377.42
    Correct
    Incorrect
    $100.99
    Correct
    Incorrect
    $569.00
    Correct
    Incorrect
    $388.83
  7. What is the total amount you pay over the term of the loan?

    Correct
    Incorrect
    $22,645.48
    Correct
    Incorrect
    $20,000.00
    Correct
    Incorrect
    $25,849.34
    Correct
    Incorrect
    $22,349.98
  8. What is the general recommendation to spend your gross monthly income (before taxes) on housing?

    Correct
    Incorrect
    30%
    Correct
    Incorrect
    35%
    Correct
    Incorrect
    60%
    Correct
    Incorrect
    55%
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